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Show T1IE SALT LAKE TRIBUNE, SUNDAY MORNING, B01 HEMES Doubt as to Future Money Rates about prospective trouble for th railroads wa superimposed on a bond nr-k- et whhh had boon declining for mbnths, Now this Is entirely illogical. Not even the radical leader in oongres are going o deetrov the value which protects (rood railroad bonds. Got ernment ownership and operation would not do that. And some dav the leaders of the agricultural population will realise even tf tney do not at present, that neither the farmers hor anyone else can he prosperous if the railroads are not allowed to earn enough to provide themselves with adequate equipment to meet the transportation needs of the country. Also, if the other factors which have adversely affected Quotations could be removed and the general course of the whole market be reversed, the prevailing uneasiness as to the railroads would likely be dissipated. Disappear With Heavy Ban Liquidations Business Pressure Lifted Also by Confidence in Foreign AJbility to Pay Obligations BY BYRON SELLER. (Copv right. 1?22. bv Salt Lake Tribune) NEW YORK. Nov. 25. The decline Outlook Good. Meanwhile, tf we get awav from the atmosphere of he security market, the business faxorable. outlook continue The wholesale drv goods trade continue Automobile active, manufacturers are preparing for record business in the The department of agriculture spring believe It possible to wage a successful sar on the boll weevil The cotton grower marketing bs nrodct stead !v at prevailing high price. Many corporation are Increasing dividends. Credit s available to merchant on teasonabie term TJie trend of prices is upward-wh- h h ahvar breed optimism The demand for labor, espeoiaRy unskilled laatbor. is Increasing some ProbaMv tempt will be made to mod if the present immigration restrictions. hlle no boom in sight, neither ia there an Indication of a depression. to the ponseouencea of the Opinion attitude of America toward Kurope is still very much Confused, It can hardlv be said that the visit of demenreati and his speeches have helped tmuch. Many foreign bond have held the gains they made last week. French issues improved their position. It ia an open secret in bond circles that powerful Interests have come to the support of certain foreign It i still wirug that exobligations traordinarily high yield rewards the investor courageous enough to buv and hold foreign bonds. swhlch came when the bond market M turned downward last August aud now seems to have run Its course. Price for prime Issues appear r stabilised for the present, at least. The reason generally ascribed for the decline was the doubt as to the future of tnonev a V rates There Is now no expectation of anv rvateiial advance In quotations for nuinev. ytlme The second factor materially to affect the market was liauidatton on the part of banks of cuntles bought- - vesr or so ago. when demand for funds for hnslnees purposes was at a minimum. i This liquidation for a time was very , . lieavv and price suffered correspondlng- ly That. too. appears to have run Its i course for the present Next cam a wave of pessimism as to the situation abroad Doubt as to the on t abllpy of foreign governments to meet their obligations was freelv expressed Tj Dr. Jl. W. Black, subdisfrict mana The decline in prices for foreign bonds became acute Here. too. the pressure or the United States Veterans bu 1 has been lifted. temporariH at least reau, in charge' of the work )n Salt Lake, returned yesterday from a two Radical Action Feared. weeks trip in which he attended the This werk a new .JnfUiTitH ha com annual conference of aubdistrict maninto the market auri-tielnHtmnt with the district manager at DenIt ) rear as to the attempts of agers who ia administrative officer for the radical erroup in eonirr to modify ver, the transportation act to the detriment Utah, Colorado, Wyoming and New of the railroad The effect has been Mexico, and a visit with other med plain in the stock market, but ieal men, to the United States 5 jerv bonds hae not beon exempt Issues o bureau hospital number 80, at Mali secured, both by propertv talue and earning power, that no conceivable de- Sheridan, Wyo., and finallv to the office at Casper, Wyo., cline In net income uorld affect them, are, of course, unchanged, but the creat Dr. Black said that tlie 'eampaign of second majority grade and for reinstatement and conversion of ioues hate been in disfavor forapeculatKe the same reasons that hi ought about the selling of insurance of former service men, begun in Utah, will be taken up bv pracrailroad stock Investors look to dividends on tically everv state ia the union. Of as & margin of safety for continuedstocks the $192,000,000 war risk insurance, of interest on bonds. Most states once carried bv the 23,000 former serv make dividend payments on stocks a qualification for bonds leral for savings vice men of this state, a considerable banks and trustees. Any drxelopment amount has lapsed, according to Dr. hich threatens the railroads as a tthole Black. Unusual efforts are being made has a disturbing effect on the holders bv- - the A'eterans bureau and the of railroad bonds. And een if the holder does not care to sell he certamh American a Legion to have service men many as possible of the is not readv to buv y util the outlook restoro becomes clearer. It m perfectly true lapsed policies. An insurance cnsliier will be asthat there is little likelihood of anv legislation adxerse to railroads tint IF the signed to this office, with headquarnew congress mets. but the discussion ters in the Boston building, within a bv tile leaders of the Former service men an to the imperative neceasltv few davs. war risk insurance will be privof a reduction In rates has Its effect oil sentiment ileged to pav their premiums to the cashier, instead of having to remit to Strike Costs Disturb. Washington, D. C. Then. too. the revelations as to the enormous cot of the strike to the ANNUAL BANQUET PLANNED. has been disturbing It xa a a The alumni chapter of the Beta Delta shock to mrinv inxAiors to hear from the Its president of the Haltlmore & Ohio that sorority of the U. A. C. will hold the cost of the strike to the road as third annual banquet Friday. Decern between $10 OOOJXH) and SU.OMt.ooo. The her 1, at 5:30 oclock at the Hotel usual crop of rumor as to the financial Utah. Miss Beth Briesou will be condition of the weaker roads ha albo toast nustress. Miss Agnes Tarbot, been in evidence all the week. Trola Jensen ami iTubably ail the rumors were baseless Mias Luell Hawley, Certainly thee were promptly denied n Mis Penina W rat hall will give toasts. cases all where they had crept into print. But the cumuiatUe result was bad Nor TO SPEAK IN ELEVENTH WABD. did figures phoning regular car loadings for the evening service in and general business improvement serve theSpeakers Eleventh ward will be Joseph F. It to cminuract the jrevalHng feeling Merrill and Parnell Hinckley. must he remembered that all t'ds tak er 1 Other States Follow Utah Soldier Plan - fr s. pav-me- nt agrietd-tural.bl- rall-loa- ear-rvin- g NOVEMBER 26, 11 1922. Sterling Nears High Mark With Rate Running $4.50 German Mark Unchanged Cfe&mgoricSictt. NEW TORK. Nor. 25 Renewed pro fessional sailing of stocks today, with th familiar talk about "trade disappoint-me- n Is for tho industrial share about radical legislation" for th railways and about "European complications" for both, ended the week with another declining market. The weeks movement of prices has been so exclusively professional, the declines so completely the' result of technical speculative Influences, that It le harder than usual to take the whole business seriously. Had its character and been differsurrounding circumstances ent, It would bo reasonable enough to the falling market as embodying e on of those prophecies of financial and industrial conditions later on whkh th stock exchange often makes Deductions with remarkable precision. of that sort, however, will be drawn from the present market with a good deal of reserv e. The most that can be safely said of It of is that, for whatever season-diverinterest to other fields, prospective Income tax devlaiatlons or general dislike to the character of the recent buying the which usually comes to a stock market after a long reaction has not been In evidence, and that all sorts of professional operators for the decline have therefor pro ceded with increased confldenc. 5V hen there Is no distinctly disturbing qc on the pear hqrizon, thta kind of market usually runs its course, with Wall street ascribing tne aeciines to any imagined causa until the turn cornea tike the jerk of a laeso. The recent occurrence In the markets for European exchange end Furopean bonds was a case Two weeks ago very clearlv In point even a IV all atreet office boy know what irresistible economic forces were sweeping prices down in those two markets, and why the decline was 'certain to go on Indefinitely. Today's foreign exchange rate made In further moderate advance. Sterling, particular, went up againv to 1 4 50. which I below the ears h gh level Only and which, being a round number, may probablv be regarded as an objective pass, but .whose point" that Is ft-difficult toInto a new range market prices brings closed at. the of valuations. Sterling ex continental the week's high prices; changes, though moat of them moved up for the day. ended generally below the beat and somewhat under the weeks earlier rrlces. The German mark shone little chsnge from a week ago. The bond market ended the week In the sum hesitation and irregularity as has characterised It all along. Generally, prices show declines ss compared with a week ago. ranking from small fluctuations to 1 or 2 points. But the Hat of foreign securities show many recover!, and several of th French bonds today touched the pest price of th week. die-ru- ss long-rang- sion sup-IKi- rt BAYER when SAY Unless you see the Bayer Cross on tablets you are hot getting the genuine Bayer product prescribed by physicians over 23 years and proved safe by millions for 1c Accept only Johnson Takes Action . ' in Prohibition Cases Handy Bayer 1 Colds Headache Toothache Neuritis Sciatica Neuralgia Lumbago Pain, Pain Also bottles of 24 and Asoirin i the trade mark of Bayer Manufacture of Special to The ex-Soldi- Tribes. , BRIGHAM CITY, Nov. 25 An election will be held in the Boxelder county school district December (, at which time three membere of the school board will be voted upon, one In the Brigham district, one hi the Bear River valley district, and one in the district comprising th western part of the county. In the Brigham district petitlona have been filed naming as candidates Jesse W. Hoopes, B. C. Call and K. M. Tyson, all of this city. In the Bear Rive.r valley the names of John P. Holmgren and Peter M Hanson are mentioned for the post-t.oThe western part of the county has two candidates, A. M. Seely and C. C. Toyne ofGrouse Creek. n. Mr. E. O. Wattls. president of the Utah State Federation of Women oltibB, yesterday announced the appointment of Mrs. 8. O. Stevens of Ogden aa chairman of the general committee on Intermountaln Development league cooperation. Several week ago Mrs. Wattls and the executive committee of the state federation, after an investigation, decided to cooperate in the educational program of the league. Under the direction of Mrs. Stevens end her committee, the various women's clubs throughout Utah will first among the supervise the housewives of 25.000 household questionnaire. - The oblect I twofold. First, to convex- to the hmmewrife a true appreciation of the meaning of the Industrie to the wealth and progress of the community, and second, to obtain data on the percentin the age of Intermountaln products average home In this aecLon. Th Anal date upon which applications for vocational training may be filed ia December 15, 1922. This is the limit set man deby law. and if any sires and believes himself entitled to vocational training who haa not personally filed ills claim he should file hia application without delay, even if he cannot immediately take up training. Application is made on form 526 and form 545, furnished by the Veterans bureau, Boston building, tho same form used In applying for compennatlon or hospital care. A person must begin training within a reasonable time after nntice that he is eligible unless physical dlsitulHy prevents. Vocational training is divided Into section 2 and section S training. To get section 2 training, claimant must have a vocational handicap a disability to .service whkh prevents traceable claimant from returning to the occupation carried on before entering the serObjects Explained. vice or an allied occupation To get Mrs. Stevens, in speaking of t.ie work, section S training claimant must have a do not think the federated club- 16 per cent said, or but It disability, greater work women can do any more worth-whibe than that of educating our own people need not the a vocational handicap. is due applicants disability on our own country. We have tong been to Though his own wilful misconduct, he is not identified with ail progressive movements, barred from vocational training if he was but for the most part we have been undischarged from the service. able to get that degree of cooperation honorably Hosts of the American Legion will aid from the business community that would m enable us to achieve the fullest results any person in filing claims. I believe I see in the program of the Inantermountain Development league the swer to our problem. Through its member organizations, the chambers of comService merce and commercial club oC Utah and r Idaho, the facts necessary to a complete fo Th TritniBf. of th.s problem can be S;cUl understanding MT. PLFAH4ST. Nov. 2T For th$ annual assembled. We will attempt to dissemiarvie t e Ivdo next W Mntuday nate this information as widely as possiin th Wa4trh a.uunaium ty th Wo comour ble. I am sure that through the Firat bined efforts make, materisj frrtaa fMmnb, tlw folhwf program baPrbv ben contribution to. the welfare and progress of our commonwealth. The distribution of A Y. Boand. raitlnjr th Rv trotionai 1 the question nairea is no task, but TTfrnrj' nDrk n Manaiou." Mint Faith II. the womens clubs will fin a way to do Hatnf with piano auoaipaatmint. In this Th ill their share cir b!g irogram flrl of tft X le FUNERAL SERVICES HELD. Special to The Tribune. PLEASANT GROVE, Nov. 25 FunFral services for Mrs. Pauline Relmchussel, 65 years of age, were held in the Manila ward chapel yesterday afternoon at 2 H. J. "Wainock waa In oclock. charge and several addresses were made. Mustu was furnished by a trio ami other members of th ward choir. Interment was made in the Pleasant Grove ceme- tery. SCHOOLS ARE VISITED. gpecial to The Tribune. PLEASANT GROVE, Nov. 25 Elmer Miller, the new superintendent of th Alpine school district, after s visit to tha schools this week, declared them to be In a satisfactory condition. WOODMEN TO GIVE Special t The Tribune. BALL. KAYSVUJLB, Nov. 25 Friday evening, December S, the Woodmen of the World, camp No. 507 of Kayevllle, will give ae bail in the Kaysville opera house. dances will be a feature. co-operati- on CONTINENTAL .NATIONAL BANK Examined FREE An 0REN3 EXAMINATION made without charge or obligation answers in fall all your questions of sight. If glasses are advised and ordered, the results are guaranteed to satisfy yon. Your eyes are safeguarded by our twenty years' experience in knowing how to fit them. With BEADING GLASSES in fitted lenses, good gpherlcnl strong f frame. fft M ywiWJ Two BIFOCAL GLASSES of one in for glasses pain far and near seeing. Spherical lenses and FA good strong frame. VTiLj e n 1 bank, we want you to fed that you are dealing with a concern interested in your problems. . (lave Your Eyes Old-tim- n we-ca- Farmer Manager Schubaeh'e- - Hit-ho- Program Announced for Annual Praise ' Druggists. Boxelder County Will Hold School Election Federation Names Applications of Mrs. S. 0. Stevens to Must Be in Hands of Government by December 15. Cooperate With League. Courteous service, a sincere effort to' assist you in every way, and the friendly spirit of are elements of our service to we which consider very important. you 00 1 of Monoaceticacideiter of Salicylicacid branch not heard a word from the our order on that subject " State .WHATEVER your business with this. Rheumatism package which contains proper directions. Bayer 'Jboxes of 12 tablets Claud Gray was found guilty of violating the federal prohibition net by Judge Tillman D. Johnson in the United State district court yesterday morning. Gray was fined $150. Frank Swept, who was fined $200 bv JuJr-Johnson for violation of a the prohibition act, was granted stsv of execution of one week, m which to pay hia fine. The bond of appeal to J. II. Allen, charg'd with vioiution of the Harrison antmarcotic act, was fixed at $3000 bv Judge Johnson. We Welcome Your Confidence Insist! you buy. , President Georg 8. Glen voiced the appreciation- of the league for the .rpVn.t'd end enthusiastic manner In whkh the womens clubs are taking up.thia work. "Mr. Watti and her hoard are to be highly commended for their enthusiasm and sincerity, Mr. Glen said.' "The women's clubs hsve always been in the front ranks of worthy movements for constructive commiuvitv progress, and It Is therefore natural that they should entep Into v. our work They set sn of emulation hv our busiexample The ness organization. program of the,, league will be maintained on a high educational plane, and it. purpose to arouse the citizen of this Intermountaln sect'on to a sense of lovalty to our Institutions and resources wiU he realized in a big wsv M'ithln the next few davs the chamber of commerce committees will begin the work of Bssembkng data to be ued in th educational program. whole-hearte- d, Hgo. of Uutb, tinder ilntmatiMtioa of t) direction of Mr A V Boaml Th cat bwindlisten Fml Io-Phil Up, FlrU Naitar Fran? Ballard Ruth McUaua, lyl Uauipthlr tad Mav Dodd. A pwcratV Thnfet?1nf mntc wtll h Ms KamplK nndr tti dlrtrlioo of Mica Or A orlal hour and fht rrfrhmratt wl.l b art Joy 4 ftr th rvk. - CLUB TO NAME Sparta! to Th Tribaii. OFFICERS. BltlfiHAM CITY, Nov 25. The election of new offiiers in tjie K I warns club will take place December S Tne nominating committee has named the following candidates to ha voted upon at that fme: President. R. I.. Flshbum, Ezra and Dr Genre M. F'ster: fo" vice president, A. M. Hansen and W. L. Holst; O. A Christreeejrer. J. K. Mathis, and tensen: dlstr.ct trustees. J. E. Halverson and F. W Ftshburn. Fourteen name also were submitted from which to elect seven directors. tVad-dou- MAKES EXPLANATION. ATLANTA. OS , Nov 25 FYed L. Pav. age. ch'cf of the Kuklux Kian investi-gat.u- n staff, in a statement here today In conneetiofi with klan initiat'on being performed in one of the chamber of the national capitol and in Do war and nAvy building said "If such an Initiation took p'tiee it was the work of the Washington klan, and w have r , n. HEALTH ADDRESS GIVEN. The France Willard ection of the W. C. T. held a mcetintr Thursday home of afternoon at the Mr. W. F. (are. Following the buxine, aession, M1 Mollir K. Utz of the Utah Iublie Health awocintion talked on the rause and care of tuberculosis. t prnt tth Womens Work Praised. SAVAGE cere-mon- Remington No. 10 ...$40 L. C. Smith No. 8 $50 No. 10 Royal ...$5S Noiseless $45 and s complete line of late model UNDERWOODS REBUILT AND Orens Optical Co. 207 Main St., Kenyon Hotel J, Wasatch 4838 V. FULLY GUARANTEED Machines sent anywhere on Pacific Coast for examination Term. 5.00 Monthly If Desired Late Model Rented 3 Month, 7.50 and Up Send for illustrated price lit or rail and ct our stork . , -WHOLESALE TYPEWRITER 321 CO. go. Main St. Phone Wu. 2761 Angel, Portland, Store, Los beattlo, ban Francisco i,lessee ct Eci2a By HARI 8. BESRA of India M. A. ef Edinburgh University t I p. m. Monday at BurtilhWt church, 227 Meat Fkst South. Mr. Bear delivered a very interesting lecture on The Contributions of India to Thursday bflir the fam tv members and the etudent of th s of Utah The lecture Mr highly appreciated ha, trave'ed intensively ami lectured jn phurche and nnlverrine of di'ferent states of the union vjuevlio.i, v ill b invited and diM undone pet in tied. Civtii-aatio- Bra |